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Alternative-energy funds better performers
[AAP] - Alternative-energy stocks also have oftentimes struggled when the price of oil was falling. The S&P Global Clean Energy index plunged 66 per cent in 2008, more than the broad stock market or the price of oil. An exchange-traded fund tracking the S&P Global Clean Energy index is down about four per cent over the past 12 months, a milder drop than the 54 per cent plunge in oil or 18 per cent for Exxon Mobil.
Alternative-energy funds better performers - Yahoo7 Finance Australia
[AAP] - Alternative-energy stocks also have oftentimes struggled when the price of oil was falling. The S&P Global Clean Energy index plunged 66 per cent in 2008, more than the broad stock market or the price of oil. An exchange-traded fund tracking the S&P Global Clean Energy index is down about four per cent over the past 12 months, a milder drop than the 54 per cent plunge in oil or 18 per cent for Exxon Mobil.
Alternative-energy funds better performers - Yahoo7 Finance Australia
